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Dec 29, 2012
12/12
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as a product of america's elite education in china and economics and the university system, i find it stunning that i was never required -- i went to harvard, stanford and yale and i want you to know i have sympathy for them. i was never required on my way to getting a ph.d. in economics, i was never required to read one word of karl marx's critiques of capitalism. never required. that is not unusual. i also was never required to take a course in what might have been called capitalism's instability or if that word is too frightening, the old name for such a course is the business cycle. we didn't have that. so i am watching my cohorts in washington d.c. the people making policy for both parties, these are people who have never studied the critique of capitalism and have no knowledge of any general systematic way about the system's instability. it was believed these instabilities were behind us. we learned the great depression how to manage everything so we do need these courses anymore. they were gone. if you were wondering one of the reasons such a poor job is being done these days i
as a product of america's elite education in china and economics and the university system, i find it stunning that i was never required -- i went to harvard, stanford and yale and i want you to know i have sympathy for them. i was never required on my way to getting a ph.d. in economics, i was never required to read one word of karl marx's critiques of capitalism. never required. that is not unusual. i also was never required to take a course in what might have been called capitalism's...
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sea across the south china sea and the norse china sea as well where japan in north korea that's in the careers are involved as well but this is a big difference a big power play basically between the u.s. and china and india who wants to more or less control what goes on in an indian ocean we all know that in the future these three all have to live in the same waters the chinese navy the indian navy and u.s. navy so that brings us to the u.s. pivoting announced by a bomb almost a year ago at the pentagon if they go with the militaristic kind of thing towards asia then we're going to have a conflagration against china soon within the next few weeks if they go for some kind of commercial alliances with countries in asia individually then it's a much better prospect for the u.s. and for the west in general ok alexander you know began the i mean you know nato is nato a force for good ok because it's looking to the pacific now over. well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentione
sea across the south china sea and the norse china sea as well where japan in north korea that's in the careers are involved as well but this is a big difference a big power play basically between the u.s. and china and india who wants to more or less control what goes on in an indian ocean we all know that in the future these three all have to live in the same waters the chinese navy the indian navy and u.s. navy so that brings us to the u.s. pivoting announced by a bomb almost a year ago at...
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Dec 9, 2012
12/12
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CSPAN2
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. >> part of the reason that china lent to us than the rest of the world landstuhl as that we have shown fiscal discipline. so, you know, as soon as we waiver, that is when the problem will emerge. so i just come back and say, we need to make sure that we have long-term fiscal discipline. otherwise at some point the chinese are going to say, why are we holding this piece of paper bore them? it looks at electronic but still what are we holding them for? the 1980s in the 1990s we showed monetary discipline and fiscal discipline. that is not a bank that you can continue to go to without fiscal discipline. a very large factor is -- this plan and you know, it shouldn't be the most comfortable feeling in the world. >> i want to ask you a quick question. in hindsight, was the euro a good thing or a bad thing? >> well i think it's a good thing, but i'm in the minority. it's a first step towards further integration. >> we have a question on this which is also related to the very poignant last chapter, the last chapter, which is what is the biggest danger faced by the united states and what happen
. >> part of the reason that china lent to us than the rest of the world landstuhl as that we have shown fiscal discipline. so, you know, as soon as we waiver, that is when the problem will emerge. so i just come back and say, we need to make sure that we have long-term fiscal discipline. otherwise at some point the chinese are going to say, why are we holding this piece of paper bore them? it looks at electronic but still what are we holding them for? the 1980s in the 1990s we showed...
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Dec 28, 2012
12/12
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WJZ
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and now the china cupboard is shut. so... have you thought of budgerigars? i've got a parrot. now, boxes of treasure come in all sorts of shapes and sizes, but this is a box of treasure that's just right for me because... look what it's got inside. now, being a girl whose nails are seen on the telly quite often i would love a manicure set like this. it has got everything you could possibly want apart from a device for getting stones out of horses' hooves, and probably it's got that in there too. probably has! but i'm also looking at a photograph of what is obviously a very stylish lady. now, tell me how the two connect. well, this is my mother-in-law, and she was as old as the year, so she was 24 in 1924, when she was married. and i have a feeling that perhaps this was a special wedding present from her husband. i just wonder. it isn't the sort of thing parents would give. oh, no. far too-- far too flippant i would have thought for a parent. but, um, for a husband maybe. it might have been a wedding present. now, let's
and now the china cupboard is shut. so... have you thought of budgerigars? i've got a parrot. now, boxes of treasure come in all sorts of shapes and sizes, but this is a box of treasure that's just right for me because... look what it's got inside. now, being a girl whose nails are seen on the telly quite often i would love a manicure set like this. it has got everything you could possibly want apart from a device for getting stones out of horses' hooves, and probably it's got that in there...
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Dec 30, 2012
12/12
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WJLA
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. >> the 29th annual festival is about to kick off in china, including ice and snow sculpture competitions music performances, and other activities. more than 2000 works will be on display. that is kind of like what we see at the gaylord the national harbor, just a little bigger. >> we are looking at a wine the night and one in the day tomorrow. . windy night and day tomorrow. looking outside right now, the camera is not moving much on top of the building, but the wind is increasing. when gusts up to 40 m.p.h. as we move into the early morning hours, into the day tomorrow. the temperature right now, 40 degrees at reagan national, the windshield not so bad, 37. frostburg, 43 m.p.h. wind gust over the past hour, 27 degrees. 36 children's hospital, the wind gust over 40 m.p.h. the western side of maryland, 40 m.p.h. or wind gusts, the same wind at about 20, the temperature of 24 an accident maryland the clouds beginning to dissipate, 30 degrees dulles airport, gaithersburg 36. fredericksburg 42 degrees. the really cold air, well off to the west, seven degrees minneapolis. the arctic cold air
. >> the 29th annual festival is about to kick off in china, including ice and snow sculpture competitions music performances, and other activities. more than 2000 works will be on display. that is kind of like what we see at the gaylord the national harbor, just a little bigger. >> we are looking at a wine the night and one in the day tomorrow. . windy night and day tomorrow. looking outside right now, the camera is not moving much on top of the building, but the wind is...
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china operations are all day. elite.
china operations are all day. elite.
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Dec 19, 2012
12/12
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CNBC
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the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed unfairly low. the news from the commerce department comes as u.s. officials welcomed a high-level chinese delegation for trade and economic talks. the u.s. trade panel has final approval over the duties and is expected to vote on the case in late january. >>> in corporate news, ubs hit with a $1.5 million fine today. that will add up, a few more of those. the swiss bank admitting to fraud, it paying bribes to brokers. and pervasive, they call it manipulation of libor by dozens of staff. the penalty was agreed to with u.s., u.k., and swiss regulators. it is mo
the world bank sees china expanding by 8.4% next year. it's expecting that it will be fueled by fiscal stimulus and the faster implementation of large investment projects. today's forecast is higher than an earlier one that was sited in a world bank report in october. 8.4%, not bad both if you can get it. >>> speaking of china, the united states is moving forward with plans to slap steep anti-dumping duties on wind turbine towers that are imported from china at prices that are deemed...
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Dec 2, 2012
12/12
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CSPAN
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these kids know more about the middle east and china. in speaking to the average high- school in new york city and after it's about what is happening in the world, i think it would take your breath away. this is a serious problem. the second part of what the technology can matter is because we did not have to limit the school day anymore to the hours inside the school room. as -- there is much more we can do. i watch people here from a great school in sweden. and they have managed to create a portal in ways. i met a kid whose mother was an aris -- was a nurse. we are the only profession that admits we are failing in what we're doing for our kids and we all go home at 3:00. there has to be a way to think differently about the dimensions of the challenge. i think technology is part of that problem. about to go back to what condie started. as important as music and art and global history is, to two cannot read into basic mathematics -- kids who cannot read or do basic mathematics will not do higher or critical thinking. we have to figure ou
these kids know more about the middle east and china. in speaking to the average high- school in new york city and after it's about what is happening in the world, i think it would take your breath away. this is a serious problem. the second part of what the technology can matter is because we did not have to limit the school day anymore to the hours inside the school room. as -- there is much more we can do. i watch people here from a great school in sweden. and they have managed to create a...
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office building that we find other uses for the money we lavish on our homicidal bull geo political china shop and the foreign policy i was given to do not pass go go directly to jail card and in a few days i would be arrested again this time for protesting corporate personhood on the steps of the supreme court. that it would occupy movement all around the world because we love. working people and. that jane joined us from the grave that we have the fact that it was. occupy d.c. the occupy wall street occupy supreme court not you everywhere in my willingness to go to jail for the movement though i was hardly unique and with the thousands that rings you carry on the morning of october fourteenth it seems that you're about to eclipse the previous one day record total of seven hundred protesters arrested on the brooklyn bridge what was it that brought all of those people to use a comedy that this. not be a revolution in the traditional sense but this is a revolution of the light. blues and any it's not going to be stuff like police barricades and pepper spraying is it everything looks like a
office building that we find other uses for the money we lavish on our homicidal bull geo political china shop and the foreign policy i was given to do not pass go go directly to jail card and in a few days i would be arrested again this time for protesting corporate personhood on the steps of the supreme court. that it would occupy movement all around the world because we love. working people and. that jane joined us from the grave that we have the fact that it was. occupy d.c. the occupy wall...
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Dec 31, 2012
12/12
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WETA
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it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10% after the egg producer reported a drop in prices and higher feed costs. shares were down more than $4 to $40. oliffs natural resourd tkeac n some decent gains on the back of some positive manufacturing data from china. cliff's tacked on nearly $3 , or 8.5%. and in the commodities corner, oil and gold both posted some gains on exnsctaatiof o f scal cliff deal in washington. oil climbed a little more than a dollar to $91 o0, il but p pces still logged their first annual loss in four years. , fo1220crude-oil prices fell more than 7%12 gold climbed nearly
it looks like apple's mini ipad is a big hit in china. apple's stores both on the mainland and in hong kong are reportedly either out of stock or have tight supplies. apple climbed nearly 4.5% to close at $532. some big changes over the weekend at zynga. the online game maker slashed 11 games from its library as part of its cost-cutting plans. shares of zynga were up just $0.03 to a little more than $2, well below their $10 i.p.o. price from last december. cal-maine foods slipped nearly 10%...
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Dec 28, 2012
12/12
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FOXNEWSW
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they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans are getting better each time out launching missiles and setting off nuclear explosions. >> on that note, how realistic do you think it is? and how soon do you think it would be that they would be able to i'm one of these long-range missiles with a nuclear warhead? >> that is the real question. this last missile test was real important because it showed that they were successful. they got it up into the atmosphere. it can go a long way to the united states. now, if they perfect nuclear explosions and start miniaturizing it, being able to put it o
they have been ineffective because china that dan. you know, when you look at it, everything that we have tried after the bush years has been a failure. now, during the bush years in the early part of that administration, it puts real financial squeeze on the regime. but then they drop it because they have this fantasy that if we can just sit down one more time with the north koreans, suddenly we will have a deal that will make all this go away. it is not how the world works. the north koreans...
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Dec 31, 2012
12/12
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FBC
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who would have guessed that china would have been a better place. guess what, so do we. or at least, a lot of people suspect we do be do do we get a deal? >> yes, we get a deal. it looks bad for everybody. 2013 will not be a good year for the president or republicans. stuart: this is varney and company. keep things short. don't we, dagen. dagen: if you are the one who dropped dead, it is your heirs who are in trouble. [ laughter ] stuart, happy new year. i am dagen mcdowell. bring in joe biden, the vice president called in to help with the negotiations. maybe we see some movement in the coming hour. a surprise in your check at the end of the week. the mess in washington leaves employers wondering how much they should with hold from your paycheck. the world, stuart was just showing you pictures of shanghai, the world already starting the celebration. the dawn of 2013. happy new year, everybody. there is a live look at shanghai, china. top of the hour. time now for stocks. >> good morning. searching for direction. not a big surprise for new year's eve. we have seen the dow
who would have guessed that china would have been a better place. guess what, so do we. or at least, a lot of people suspect we do be do do we get a deal? >> yes, we get a deal. it looks bad for everybody. 2013 will not be a good year for the president or republicans. stuart: this is varney and company. keep things short. don't we, dagen. dagen: if you are the one who dropped dead, it is your heirs who are in trouble. [ laughter ] stuart, happy new year. i am dagen mcdowell. bring in joe...
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Dec 16, 2012
12/12
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KQED
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we are having people buying $500 billion of our debt, china and japan, for example, do you think they are going to do it under these circumstances? we are looking at a tremendously difficult long- term problem, short-term problem, and immediate problem. >> actually, america is borrowing money at record low rates and the rest of the world parks their money here. i think we're in a strong position. i think the rational thing to do is to pass the legislation that the senate passed which extends the tax cuts for 98% of the people, then duke it out, and the fact that the claim bear of commerce and the business round table are all coming down on the president's side saying that they agree that the top rate should go up is a powerful shift in alliances, and i think the republicans are going to fold. >> i have to say one thing. the people who are buying our debt is called the federal reserve bank, okay. >> uh-huh. >> their balance sheet has almost quadrupled. by far and away they're buying 70 to 80% of our debt. that's where the money is coming from. they're printing money and giving it to th
we are having people buying $500 billion of our debt, china and japan, for example, do you think they are going to do it under these circumstances? we are looking at a tremendously difficult long- term problem, short-term problem, and immediate problem. >> actually, america is borrowing money at record low rates and the rest of the world parks their money here. i think we're in a strong position. i think the rational thing to do is to pass the legislation that the senate passed which...
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Dec 8, 2012
12/12
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. >> critics say the conference raises a specter of china and russia replacing innovation and openness with sensorship. and while the u.n maintains this is not about controlling the web. analysts say the conference appears to be a steady part of the drip drip that under cuts free do. in washington, fox news. >>> tragedy overshadowing the duchess of cambridge's baby joy. we now have a picture of the british nurse who is believed to have taken her own life following a senseless phone call prank. plus what the royal couple is now saying about the nurse. >> the wrapping sensation is apologizing for a tirade he has made against the u.s. >> and fiscal fighting. the holdup on the on going budget talks and why lawmakers say they are getting frustrated with the white house. >> there are a lot of things that are possible to put the revenue on the table. none will be possible. the president insists on his position. insists on my way or the highway. >>> he may be known for "gagnan style" but now he is apologizing for lyrics earlier in his career. it talks about killing families during the iraq war
. >> critics say the conference raises a specter of china and russia replacing innovation and openness with sensorship. and while the u.n maintains this is not about controlling the web. analysts say the conference appears to be a steady part of the drip drip that under cuts free do. in washington, fox news. >>> tragedy overshadowing the duchess of cambridge's baby joy. we now have a picture of the british nurse who is believed to have taken her own life following a senseless...
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Dec 13, 2012
12/12
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KCSMMHZ
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group of disputed islands in the east china sea. japan this past fighter jets and launched an official complaint with -- japan dispatched fighter jets and launched an official complaint. the islands are claimed by both japan and beijing. >> palin's prime minister has been charged with murder. the charges relate to the death -- thailand's prime minister has been charged with primer. the charges relate to the death of a tax dry -- taxi driver. >> the south pacific island nation of samoa has been lashed by a cyclone. the storm and damaged buildings, uprooted trees, and caused flooding. officials have declared a state of emergency. no injuries have been reported. >> an autopsy has confirmed that the prisoners committed suicide after being caught up in a prank phone call -- that a british nurse committed suicide after being caught up in a prank phone call. two australian radio jockeys have apologized for the prank. a suicide note was found near where the nurse was hanged. >> a special report on japan, which goes to the polls this sunday.
group of disputed islands in the east china sea. japan this past fighter jets and launched an official complaint with -- japan dispatched fighter jets and launched an official complaint. the islands are claimed by both japan and beijing. >> palin's prime minister has been charged with murder. the charges relate to the death -- thailand's prime minister has been charged with primer. the charges relate to the death of a tax dry -- taxi driver. >> the south pacific island nation of...
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recently and it just kills me that there's like a thirty five percent tariff on imported tires from china you know who put that they're trying to push regardless of how it is it's there and i hate it and and it basically is just a sop to the tires because you're i mean there could be sacrifices here i mean if you're going to pay a little bit more for tires but that's also going to mean that there's a community of american workers who still have jobs there are still contributing to the economy i mean isn't that a fair tradeoff to look there if they're hardworking innovative people they don't need they don't need to be on might matter how hard you're sitting in the you know innovative they are they can't compete with someone in bangladesh or wherever there was a time when americans could be and when americans wanted to stand on their own database we had a thirty five percent average tariff in the united states and seventeen ninety three until one thousand nine hundred five ok. if that's the time you were talking about the time that we built the great industrial empire we were doing what ada
recently and it just kills me that there's like a thirty five percent tariff on imported tires from china you know who put that they're trying to push regardless of how it is it's there and i hate it and and it basically is just a sop to the tires because you're i mean there could be sacrifices here i mean if you're going to pay a little bit more for tires but that's also going to mean that there's a community of american workers who still have jobs there are still contributing to the economy i...
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Dec 11, 2012
12/12
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CSPAN2
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china is offering 13 types of railways and has 20 under construction. by 2020 this network will cover nearly 10,000 miles. when i looked at the title of this hearing about what mistakes have been made it seems to me one of the number one mistakes is our lack of continued commitment to high speed rail in providing adequate dollars to be able to have a true system in the united states. not only are we not investing in alternative to highway system that we are spending it on band-aids for infrastructure rather than investing in the top tier system. our president has taken bold steps and the secretary has carried that flag with us but we must provide the support to provide the additional dollars that are certainly going to be needed as mr. denham reference to get the project going. when you consider the amount of money spent on gasoline, aging infrastructure and all of the changes, certainly high speed rail must be at the forefront and when you consider federal reserve bank of san francisco reference the infrastructure investments it is a good thing for the
china is offering 13 types of railways and has 20 under construction. by 2020 this network will cover nearly 10,000 miles. when i looked at the title of this hearing about what mistakes have been made it seems to me one of the number one mistakes is our lack of continued commitment to high speed rail in providing adequate dollars to be able to have a true system in the united states. not only are we not investing in alternative to highway system that we are spending it on band-aids for...
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Dec 14, 2012
12/12
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CNBC
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and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25% since the middle of november. november 14th, we went into it thinking we'd get hurt. it ended up 12.6% that day, up 250. >> it did decline prior to that, in anticipation of the expiration. >> after a big run. it's got to digest. again, this is an interest per share situation. things are done at facebook that would justify the stock going higher. the short base was gigantic. do you sense a big run? >> i think the dynamic did change after the last quarter. and the discussion you talked about, we talked about it a great deal, what the trends really appeared to be in
and china, they played hard ball in china. anybody who has played hardball in china has not succeeded. like google. first amendment, you know, tiananmen square. what's the first amendment in china, i don't think it's free speech. >> i don't think so. >> interstate commerce is as powerful as anything. >> tear down a neighborhood at any moment. >> another $156 million shares eligible for social, the social network rallied after last month's expiration and shares up 25%...
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. >> we need to see more unions in china where they could make a difference, they could lift wages and improve living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of the hour. up here first, forget fees in >> forget the pain, if we fall into the financial ditch. a new regulation in the the health care law might mauck you down right sick right now. the white house just announcing plans to slap health insurers with a fee if they sell insurance dictated by the president's health care law and larry says you'll pay for it no matter where you live, huh? >> that's right. that's right, you know, administrative costs and health care are already skyrocketing and this is going it to get past the consumer just like everybody else. we already see skyrocketing health care costs, 14% is administrated
. >> we need to see more unions in china where they could make a difference, they could lift wages and improve living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom...
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. >> we need to see more unions in china where they could make a difference, they could lift wages and impro living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of the hour. hour. up here first, forget fees in this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, theirrother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list agn? ho ho ho! let me guess, am on the naughty list agn? music is a universal language. but when i was in an accident... i was worried th
. >> we need to see more unions in china where they could make a difference, they could lift wages and impro living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of...
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Dec 16, 2012
12/12
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KRCB
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and... >> hinojosa: in china, do they kind of own that? are they like, "we're from this area, we're the fujianese, and we export chinese food workers around the world"? >> they... i don't they're proud of it. they are proud, maybe, of the fact that they go to america, right, and that they... because they can save money, they can build these mansions. they send, you know, hundreds of thousands, millions of dollars back to these little towns, and then there are these mansions that are weird because they're empty, right? because everyone's left. so there's a ghost town called houyu, which means "monkey island," which is weird, because there are no monkeys and it's not really an island. and they are 80% missing. i mean, you just go in there and there are no men of working age. there are women, there are children, and there are old people. because, you know, they're in america cooking and taking the order and delivering your chicken. >> hinojosa: are they going to stay here? i mean, is this... because again, with your book, you're basically say
and... >> hinojosa: in china, do they kind of own that? are they like, "we're from this area, we're the fujianese, and we export chinese food workers around the world"? >> they... i don't they're proud of it. they are proud, maybe, of the fact that they go to america, right, and that they... because they can save money, they can build these mansions. they send, you know, hundreds of thousands, millions of dollars back to these little towns, and then there are these...
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Dec 13, 2012
12/12
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CNBC
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china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think this is a great place to raise cash. >> we're showing charts and the gauges for tiffany as well as coach and they are very l leveraged to china. >> no doubt. >> the negative power gauge there. there is one stock that you brought with you, mark, that is positive in terms of the power gauge, and that is yahoo!, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly und
china is growing as a luxury buyer. and although their falloff, tiffany's had high profile warnings base and weaker china, they're going to grow % next year and on top of that the following year. how do you call it quilts here? >> the power gauge is my guide here. china retail sales were up 15% recently. that came out of the blue. you have to go with a disciplined approach to the stocks. if the power gauge is bearish, and it's not bearish on all, but if the power gauge is bearish, i think...
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Dec 11, 2012
12/12
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china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the employment outlook. so i
china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but...
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Dec 3, 2012
12/12
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so any demand elsewhere could have an impact on china. >> have we had the china slowdown? >> we've had mosts of it i think. but again, china is very much in recent line with the cycle of the global economy and we'll be looking for some of the big growth engines to help them, as well. >> what's the chinese swing factor for investors? >> sitting in europe clearly it's something we focus upon. is it a driving force, absolutely not. the tail risk i think is what scares us. so do i feel heartened by the numbers in china, yes, it's kind of a positive. but there's more important things. >> if you're worried about synchronized global slowdown, you need one begin sort of spluttering on a little bit better. >> the difficulty is that it's a very large consensus among the investors in europe that come what may, they're not going to feel terribly positive about the outlook for the eurozone. the best case scenario is people who have maybe 1%, 1.5%, 2% growth and search weaker in the periphery. as a result, you need something quite astounding out of china to make you feel better. >> you
so any demand elsewhere could have an impact on china. >> have we had the china slowdown? >> we've had mosts of it i think. but again, china is very much in recent line with the cycle of the global economy and we'll be looking for some of the big growth engines to help them, as well. >> what's the chinese swing factor for investors? >> sitting in europe clearly it's something we focus upon. is it a driving force, absolutely not. the tail risk i think is what scares us....
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Dec 25, 2012
12/12
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it's been urging japan to buy drones citing china's growing presence in regional waters. >>> north koreans celebrate the birthdays of kim jong un's father and grandfather but the young leader's special day hasn't been declared a national holiday. kim was reportedly born on january 8th. a recent 2013 calendar shows the date with simple black characters, but the birth dates of north korea's founder kim il sung and his son kim jong-il appear in large red letters indicating national holidays. experts say kim jong un's birthday isn't being recognized yet. they cite his young age and lack of experience as the country's leader. >>> people in bethlehem celebrated the birth of jesus christ in tanl christmas mass. the service was held at the church of the navitity in the palestinian city. tourists are flocking there. but palestinians are being left out in the cold. nhk world has more. >> reporter: the streets now littered with christmas lights. this is the church of the nativity, the birthplace of jesus christ. this christmas time there are many pilgrims from all over the world trying to celebrate t
it's been urging japan to buy drones citing china's growing presence in regional waters. >>> north koreans celebrate the birthdays of kim jong un's father and grandfather but the young leader's special day hasn't been declared a national holiday. kim was reportedly born on january 8th. a recent 2013 calendar shows the date with simple black characters, but the birth dates of north korea's founder kim il sung and his son kim jong-il appear in large red letters indicating national...
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Dec 10, 2012
12/12
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than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
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Dec 3, 2012
12/12
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china has experienced slowing growth over the past seven quarters. fast or fiction the chinese economy is picking up at this point. tim, what do you say to this? >> fast. >> fact. >> i'm going to call this a fast because i do agree that they have turned the corner on the industrial side and the manufacturing side and the consumer side. housing prices have ticked up. our friend dave does a consumer survey that i think is very accurate and it goes to the more organic growth side and i think the consumer has turned. remember the shanghai comp is not the chinese economy. if you look at technical indicators there are guying screening the table. i do think china looks very interesting for a lot of people. >> i think people at home are going to start thinking to themselves what happened to yum brands. >> so did tiffany. >> why the disconnect here? >> you have to understand that yum has a couple of specific issues. yum is not the only guy out there. >> it is the biggest guy out there. >> i think when you have competition and their comps were significantly hi
china has experienced slowing growth over the past seven quarters. fast or fiction the chinese economy is picking up at this point. tim, what do you say to this? >> fast. >> fact. >> i'm going to call this a fast because i do agree that they have turned the corner on the industrial side and the manufacturing side and the consumer side. housing prices have ticked up. our friend dave does a consumer survey that i think is very accurate and it goes to the more organic growth side...
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Dec 1, 2012
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. >> we need to see more unions in china where they could make a difference, they could lift wages and improve living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom of the hour. up here first, forget fees in the health care law, and the fees to implement it. how much are you on the hook? tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard
. >> we need to see more unions in china where they could make a difference, they could lift wages and improve living standards there. >> absolutely. >> and keep chinese, work forces from taking jobs away from america. >> good luck with that. >> brenda: thank you for the debate. and sandy victims facing devastation one month later, so is this any time for the united nations to be using them as a fund raising tool? the cavuto gang is all over that one at the bottom...
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Dec 12, 2012
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to get tougher sanctions you need china on board, not just to get through the security council but china in north korea's biggest trading partner. if you are going to monitor what goes in and out -- >> it provides a lot of food and oil and -- >> everything. yeah. >> president obama came in office famously promising to engage with regime like north korea. when that didn't work, threats of suffer sanctions. what do they do now and will it work? >> we probably all remember the famous statement from a debate in the summer of 2007, the white house is very alarmed as they should be. this is a big surprise. a big threat. working behind the scenes. talked to a senior official not long ago who said they working to put pressure on russians to try and put pressure on the north koreans as well. a big challenge for the white house. one more thing on the president's plate. in the middle of this domestic maelstrom. >> chris: foreign policy problems as well with syria. >> yeah. >> chris: busy plate. charles, your reaction? >> nothing will happen at the u.n. even if it were to happen at the u.n. it will
to get tougher sanctions you need china on board, not just to get through the security council but china in north korea's biggest trading partner. if you are going to monitor what goes in and out -- >> it provides a lot of food and oil and -- >> everything. yeah. >> president obama came in office famously promising to engage with regime like north korea. when that didn't work, threats of suffer sanctions. what do they do now and will it work? >> we probably all remember...
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Dec 14, 2012
12/12
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FBC
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what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets. apple shares are down. just a couple of percentage points. important to know this is trading in a nine month low. add another 4 percent today, the negative comments adding to the selling pressure. the firm cutting its 2013 estimates and lowering its price target. we know that maybe the huge ones are not so huge in china because apple instituted an online reservation system. folks, let's not ignore it. the allies did not even come close to this, the launch of the iphone four in the u.s. when people waited all night long, lines wra
what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets....
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Dec 19, 2012
12/12
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it would connect the indian ocean to the south china sea. it could be a gateway for foreign investment in myanmar. the project has gained extra attention since myanmar launched its policy along with economic and democratic reforms. >>> it's a legacy of decades of war. land mines and unexploded bombs kill and maim people in afghanistan almost every day. more often than not the victims are civilians, a danger highlighted again this week when a group of girls stepped out of their homes to do a chore. nhk world's hideki yuri reports. >> reporter: a small village in eastern afghanistan mourns the loss of its children. on monday the boes of 11 girls aged between 9 and 11 years old laid to rest. >> translator: the girls were trying to collect firewood outside the village. when they became victims of a landmine explosion. >> the explosion apparently occurred while the girls were getting firewood. one of them accidentally struck an explosive device with an ax. an estimated 10 million land mines have been buried across afghanistan since the soviet inv
it would connect the indian ocean to the south china sea. it could be a gateway for foreign investment in myanmar. the project has gained extra attention since myanmar launched its policy along with economic and democratic reforms. >>> it's a legacy of decades of war. land mines and unexploded bombs kill and maim people in afghanistan almost every day. more often than not the victims are civilians, a danger highlighted again this week when a group of girls stepped out of their homes to...
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Dec 14, 2012
12/12
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rain will be ongoing here in the yanze river, that including shanghai here in southern china. this is due to the moisture surging from the south china sea just building off that rainfall. that's going fob about up to 50 millimeters of rainfall in the next 24 hours. temperature-wise shanghai at 17 degrees. really warm out there, but a different story in other regions. some of the regions in inner mongolia have seen minus 30 this morning temperature-wise. in tokyo we're looking at 12 degrees. over towards the americas still things are very messy across much of the southwest. this is due to this winter storm system, and it is going to be a very heavy snowmaker. that will be moving into the four corners. welcoming rain will perhaps be in the phoenix region, but the mountainside will perhaps see about 30 centimeters of snowfall in nevada and new mexico. colorado, you may see more than that, and southern california you'll still see those rain but higher elevations will possibly pack up 5 centimeters of snowfall. across much of the southeast, things are looking very clear and the tem
rain will be ongoing here in the yanze river, that including shanghai here in southern china. this is due to the moisture surging from the south china sea just building off that rainfall. that's going fob about up to 50 millimeters of rainfall in the next 24 hours. temperature-wise shanghai at 17 degrees. really warm out there, but a different story in other regions. some of the regions in inner mongolia have seen minus 30 this morning temperature-wise. in tokyo we're looking at 12 degrees....
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Dec 4, 2012
12/12
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especially markets like china. and the ideal way to ride out these difficult times and to reduce costs would be to acquire properties that mine steel making raw materials. and that's exactly what posco is doing according to these reports that say a consortium that it leads has been named preferred bid forea stake in a canadian mine. some reports say it's seeking to acquire around a 10% to 15% stake and is scheduled to sign a sales and purchase agreement early next year. and how will posco finance this acquisition? observers say it's been selling many noncore assets like its holdings in sk telecom to cushion these investment plans like the purchase of the australian steel and iron ore producer aryan which by the way collapsed late october. back to you. >> all right, chery, thanks for that. still to come, we'll speak as to a guest who believes volatility in the oil market will continue well into 2013. we'll find where his predictions are for crude next year. i always wait until the last minute. can i still ship a gif
especially markets like china. and the ideal way to ride out these difficult times and to reduce costs would be to acquire properties that mine steel making raw materials. and that's exactly what posco is doing according to these reports that say a consortium that it leads has been named preferred bid forea stake in a canadian mine. some reports say it's seeking to acquire around a 10% to 15% stake and is scheduled to sign a sales and purchase agreement early next year. and how will posco...
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india's ambition value once a slice of the liberty of oil and gas reserves in the south china sea but with beijing the region's powerhouse each one worried there is an elf room for the to the ground. now u.s. authorities can obtain and study data on that european store online overreaching europe's strict privacy protection laws and that's according to a report issued by the university of amsterdam saying washington is being shielded by the anterior terror of patriot act one of the authors of a report absalom bach believes that a national privacy regulations should be stepped up. normally in an offline world you would have cooperation between governments that would respect international human rights standards but as these companies in the cloud are. conducting systematic best business and united states direct actions just warms all over the world internet surveillance is increasing and it's quite breakneck speed so a solution would be. to at least try and come to some international standard of how to resolve all this and what does privacy mean i know that this is a very ambitious goal
india's ambition value once a slice of the liberty of oil and gas reserves in the south china sea but with beijing the region's powerhouse each one worried there is an elf room for the to the ground. now u.s. authorities can obtain and study data on that european store online overreaching europe's strict privacy protection laws and that's according to a report issued by the university of amsterdam saying washington is being shielded by the anterior terror of patriot act one of the authors of a...
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Dec 1, 2012
12/12
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but the foreign central banks, banks all around the world, china is a huge creditor. we owe them over a trillion, we'll japan over a trillion. governments are holding on to this debt. you know, there is a story. i forget where it was run that mentioned from the peak of the housing double until now they said the average american household net worth was down about 40%. it's actually down a lot more than that when you factor in each share of the debt that has been accumulated in their name by the federal government. so americans are basically already broke. that's why we have to just admit that we are insolvent because the american families cannot repay the money that's been borrowed in their name. so we admit that we are insolvent. greece imposed a hair cut at 50% of the bondholders. we tell people that have one-year treasury bills we can't pay you back in a year. you have to extend the maturity beebee ten years. america has to tell people who are collecting social security right now or who are expecting to collect it they aren't going to get as much money as they were
but the foreign central banks, banks all around the world, china is a huge creditor. we owe them over a trillion, we'll japan over a trillion. governments are holding on to this debt. you know, there is a story. i forget where it was run that mentioned from the peak of the housing double until now they said the average american household net worth was down about 40%. it's actually down a lot more than that when you factor in each share of the debt that has been accumulated in their name by the...
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Dec 12, 2012
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what we need is, number one, we cannot always say that it is up to china. china has leverage over them. they don't dictate. what we need is a new approach. in the new six-party talk countries, involving russia, china, south korea, the united states, japan, and i don't know exactly what that is. but it is a combination of toughening the policy with some kind of rewards if there is movement, a positive movement. we have never really tested this guy. we know very little about him. so, i'm not saying the answer is to isolate him completely. that doesn't seem to be working. some kind of engagement, i don't know exactly what. i'm not in the government. i'm a private citizen but i think our approach to north korea ranging from engagement, to sanctions, has not worked. so what we need to do is find a way to deal with him that tests this new guy. we should not just say forget about him and isolate him because he has had nuclear weapons and we have had 60,000 troops there and he has missiles. his people are starving. at the least we need to find ways in a humanitaria
what we need is, number one, we cannot always say that it is up to china. china has leverage over them. they don't dictate. what we need is a new approach. in the new six-party talk countries, involving russia, china, south korea, the united states, japan, and i don't know exactly what that is. but it is a combination of toughening the policy with some kind of rewards if there is movement, a positive movement. we have never really tested this guy. we know very little about him. so, i'm not...
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Dec 4, 2012
12/12
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foreign ministry officials met separately with envoys from japan, the united states, china and russia. it's believed they discussed ways to cancel the launch. the ships have technology to track missiles. they're also considering raising the country's alert status by one notch. >>> euro zone finance ministers approved a loan just last week. now the greeks have announced one way they will use the funds. what's the latest? >> one of the requirements for greek receiving the bailout fund is they cut down their debt. they will buy back government bonds a t a discount. greek officials said on monday they will purchase the bonds from private financial institutions. they will pay 30 to 40% of the original price before the bonds mature. the announcement came a week after euro zone finance ministers agreed to offer 43.7 billion euros. that's about $57 billion. greek officials said the critor institutions will receive bonds issued by the euro zone's bail out fund instead of cash. the buy back program is a condition leaders must fulfill to receive the next cash infusion. the success depends on the
foreign ministry officials met separately with envoys from japan, the united states, china and russia. it's believed they discussed ways to cancel the launch. the ships have technology to track missiles. they're also considering raising the country's alert status by one notch. >>> euro zone finance ministers approved a loan just last week. now the greeks have announced one way they will use the funds. what's the latest? >> one of the requirements for greek receiving the bailout...
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Dec 15, 2012
12/12
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shares of apple got a one-two punch today. iphone 58 debuted in china but to tepid demand. ubs also lowered its price target on apple's stock to 700 bucks down from 780 bucks. >>> what goes up must come down. best buy's shares soared yesterday. its founder was offering up to $6 billion to ke it private but best buy says it has prolonged the time frame for an offer until after the holiday season. shares tumbled more than 14%. >>> on to our top story the senate will vote on a $64 billion aid package for superstorm sandy on monday but the cbo says, nine approximately, just nine billion of that spending will be spent overthe next year. to top it off, a ton of the cash is earmarked for long-term infrastructure spending. wi the fiscal cliff looming, the nation's finances already stretched thin, do we really need another pork-laced spending bill? here with more is steve ellis, vice president of taxpayers for common sense. appreciate you being with us in new york city tonight. for instance some of the spending in this pork-ladened bill would provide one millio dollars for trees in
shares of apple got a one-two punch today. iphone 58 debuted in china but to tepid demand. ubs also lowered its price target on apple's stock to 700 bucks down from 780 bucks. >>> what goes up must come down. best buy's shares soared yesterday. its founder was offering up to $6 billion to ke it private but best buy says it has prolonged the time frame for an offer until after the holiday season. shares tumbled more than 14%. >>> on to our top story the senate will vote on a...
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china you know china get paid seven twenty five five fifty an hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing cars washers where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars a ticket with only making fifty dollars a week until it's wow do you do they do they report that to the i.r.s. or just to you i mean how does how do they how do they get away with that. i really don't know so it's that they just have very good bookkeepers of him like that so so some of the other people that you were on strike essentially with today are out protesting with. any other stories that you heard that you thought were interesting . yeah her leg stories from montana workers who would walk fifty blocks to their house because seventeen if i was and is enough for the event it's not enough for the food to feed their families and it is very sad that people ha
china you know china get paid seven twenty five five fifty an hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing cars washers where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars a ticket with only making fifty dollars a week until it's wow do...
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Dec 19, 2012
12/12
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/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift restrictions on imports of livestock. and it looks like china is willing to do that on a gradual basis. so i think that there would be some positives coming out of these meetings today and tomorrow. >> and lastly, frank, what would be the most significant policy move period to come from this. again, aside from the news we've already heard about the import duties, are you looking for any big-name tie-ups, or is this about meeting and shaking hands, especially because the u.s. leadership still isn't settled, erkts speci especial
/china relationship? >> well, i think that it's a little too early to tell that this is symptomatic of the new administration. but i do expect that there will be progress in certain areas. china has been asking the u.s. to lift restrictions on high-tech exports. and i gather that the obama administration is consider something kind of overhaul of the current restrictions. so there might be some change there was benefit to china. and on the u.s. side, the u.s. would like china to lift...
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Dec 5, 2012
12/12
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conservatives say countries like china with a poor human human rights record would get a pass. >> what it does do is allow their leaders to falsely present themselves as forward leaning on disabled rights. >> no. >> reporter: and for some no votes, politics. the risk of a gop primary challenge got in the way. >> to vote for anything that is even perceived to be granting the u.n. power is a dangerous game for republican senator. because the urn is so unpopular among the republican base, they could be asking for a challenge for fr their ideological right come 2014. >> and that was kelly o'donnell reporting. >>> now to the pre-nomination fight over the next secretary of state. the president says he has not made a decision yet, but he insistses continued criticism of u.n. ambassador susan rice will not affect his choice. >> have republicans' attacks against susan rice sort of boxed you into a corner, would it look like a sign of weakness if you did not appoint her to secretary of state? >> no, i don't really spend a lot of time on what folks say on cable news programs attacking highly qual
conservatives say countries like china with a poor human human rights record would get a pass. >> what it does do is allow their leaders to falsely present themselves as forward leaning on disabled rights. >> no. >> reporter: and for some no votes, politics. the risk of a gop primary challenge got in the way. >> to vote for anything that is even perceived to be granting the u.n. power is a dangerous game for republican senator. because the urn is so unpopular among the...